Posted: 4/4/2014 12:39:17 PM EDT
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An almost 20 year friend of mine and coworker got a call yesterday from a collection agency looking to collect on 25k in credit card debt by a former employer. I expect to get a call since I had a company card also.
I quit in January of 2013 and he quit 3 or 4 months later. Neither of us quit on bad terms, but my quitting lead to my friend's exodus since I was the senior guy and no one else there could shoulder my responsibilities and handle projects from stem to stern like I did. Is there any general timeline for a debt to be turned over to a collection agency? My curiosity is piqued. Now before things get all GD up in here, we were issued the cards and never filled out credit apps. The company CC policy we signed stated that we were users and not entitled to any benefits or liable for any charges for approved company business. I'm not worried about them coming after either of us for anything and I'd be glad to take it to court and let collection agency cut me check for the hassle. My friend is worry wart and spent the better part of yesterday spun up about it until he started researching and even now he's still mildly torqued up about it. ETA: We weren't reimbursed for expenses, other than those on our personal cards, all of our receipts were turned in with our expense reports. We weren't mailed cc bills. Neither one of us ever charged anything personal on our cards. Receipts weren't misplaced or sent to the wrong person at the company. There was one person send receipts to. Neither one of us had a 25k limit on our cards. He maxed at 6k and mine at 10k. He never charged more than a couple of plane tickets, a hotel room and a rental car. Other than some small incidentals of the type you could pick up at an office supply store or hardware store, we couldn't use our cards for anything but travel. You can't work in our industry with pending legal actions or credit problems. Both of us are still working and just worked together last week and are flying out to a job next week. The agency called looking for the owner of the company. The agent didn't try to push responsibility for the debt off on my friend. |
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Were you responsible for paying the card and submitting expense claims to your employer for reimbursement? If not and the company paid the bills you shouldn't be liable for anything. Nope. All receipts were turned in every week with our expense reports. The bill never came to the us. Which is another reason why the liability for the debt is not a concern for me. |
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Again, I'm not worried about the my liability. The timeline is what I'm curious about. Quoted:
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If you are simply an authorized user and did not engage in any fraud, they can pound sand. Again, I'm not worried about the my liability. The timeline is what I'm curious about. Breach of a written contract - 5 years. Open account/account stated - 4 years. F.S.A 95.11 |
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Weird. How is that company doing? Gotta wonder why didnt' they pay their statement... Are you sure your buddy didn't buy himself something and the company turned him over to a collection agency to recoup? Or maybe he didnt' hand in his receipts to the right person and they were "lost", so now the company considers those charges unauthorized and turned him over to the agency. I could see an HR turd screwing that up when he turned in his card at the exit interview. Does 25k sound about right for a month of CC expenses on his card or would that amt be multiple months? |
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Weird. How is that company doing? Gotta wonder why didnt' they pay their statement... Are you sure your buddy didn't buy himself something and the company turned him over to a collection agency to recoup? Or maybe he didnt' hand in his receipts to the right person and they were "lost", so now the company considers those charges unauthorized and turned him over to the agency. I could see an HR turd screwing that up when he turned in his card at the exit interview. Does 25k sound about right for a month of CC expenses on his card or would that amt be multiple months? I believe the company is on the downhill slide. The most senior guys by a longshot have quit in the last year or so. Yes. Not evenly remotely possible for a variety of reasons. The collection agency also said they were looking for the owner of the company. No. He wouldn't have received a paycheck, I would've immediately heard about it even after quitting and there was one person to send receipts to. This is a small company with 25-ish employees including contractors. No HR or any other large corporate bullshit. Nope. He didn't accrue 25k in expenses in a year. He had a 6k limit on his card. |
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If you are simply an authorized user and did not engage in any fraud, they can pound sand. Again, I'm not worried about the my liability. The timeline is what I'm curious about. Breach of a written contract - 5 years. Open account/account stated - 4 years. F.S.A 95.11 That states the amount of time to start collection. My question is how long does it typically take to be handed over to a collection agency? This company didn't exist 5 years ago and I doubt Amex would continue to let us use our cards with a 25k outstanding balance. |
| OP, all you have to do is mention the Fair Debt Collection Practices Act. This will make the calls cease. Once they figure you are well versed in what is legal and what is not, they will leave you alone. Failure to do this will only get your phone number passed around to more collection agencies. |
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OP, all you have to do is mention the Fair Debt Collection Practices Act. This will make the calls cease. Once they figure you are well versed in what is legal and what is not, they will leave you alone. Failure to do this will only get your phone number passed around to more collection agencies. If I get a call, I'll tell them that. Thanks. They actually called my buddy's mom's house. He used her home and number as a place of residence and contact number for several years before he got married because of the amount of extended travel we do. He was spending 4 - 8 months a year in Canada for several years. He blocked his caller ID, called them and had them remove her number. Ill fill him in on the above, if they call back. He said the chick on the phone was cool once she figured out he wasn't who she was looking for. |
| If your former employer signed up for the credit cards and allowed you to use them then your former employer is liable not you. Remember when your deal with collection agencies your basically dealing with complete idiots that have a bark and no bite. Don't agree to anything with them and don't sign anything with them and don't pay anything to them. If they call you give them the name of an attorney to call and if they continue to call have the attorney file on them. |
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That states the amount of time to start collection. My question is how long does it typically take to be handed over to a collection agency? This company didn't exist 5 years ago and I doubt Amex would continue to let us use our cards with a 25k outstanding balance. Quoted:
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If you are simply an authorized user and did not engage in any fraud, they can pound sand. Again, I'm not worried about the my liability. The timeline is what I'm curious about. Breach of a written contract - 5 years. Open account/account stated - 4 years. F.S.A 95.11 That states the amount of time to start collection. My question is how long does it typically take to be handed over to a collection agency? This company didn't exist 5 years ago and I doubt Amex would continue to let us use our cards with a 25k outstanding balance. 6-12 months to be turned over to collections. |
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OP, all you have to do is mention the Fair Debt Collection Practices Act. This will make the calls cease. Once they figure you are well versed in what is legal and what is not, they will leave you alone. Failure to do this will only get your phone number passed around to more collection agencies. You generally have to notify them with a return receipt form letter to stop calling you and provide written confirmation that the debt is yours. |
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You generally have to notify them with a return receipt form letter to stop calling you and provide written confirmation that the debt is yours. Quoted:
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OP, all you have to do is mention the Fair Debt Collection Practices Act. This will make the calls cease. Once they figure you are well versed in what is legal and what is not, they will leave you alone. Failure to do this will only get your phone number passed around to more collection agencies. You generally have to notify them with a return receipt form letter to stop calling you and provide written confirmation that the debt is yours. Portfolio doesn't obey either. They just call from somewhere else. They finally gave up on something that wasn't even mine, wasn't on my credit report, just someone with the same name. 
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Portfolio doesn't obey either. Quoted:
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OP, all you have to do is mention the Fair Debt Collection Practices Act. This will make the calls cease. Once they figure you are well versed in what is legal and what is not, they will leave you alone. Failure to do this will only get your phone number passed around to more collection agencies. You generally have to notify them with a return receipt form letter to stop calling you and provide written confirmation that the debt is yours. Portfolio doesn't obey either. Then the fun begins because you can sue for $1000 per phone call. 
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Then the fun begins because you can sue for $1000 per phone call.
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OP, all you have to do is mention the Fair Debt Collection Practices Act. This will make the calls cease. Once they figure you are well versed in what is legal and what is not, they will leave you alone. Failure to do this will only get your phone number passed around to more collection agencies. You generally have to notify them with a return receipt form letter to stop calling you and provide written confirmation that the debt is yours. Portfolio doesn't obey either. Then the fun begins because you can sue for $1000 per phone call.
Sue who? With what? They have tons of lawyers. It's their business to be shitheads who get away with this. As I said, I expect someone to killdozer their building eventually. |
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Sue who? With what? They have tons of lawyers. It's their business to be shitheads who get away with this. As I said, I expect someone to killdozer their building eventually. Quoted:
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OP, all you have to do is mention the Fair Debt Collection Practices Act. This will make the calls cease. Once they figure you are well versed in what is legal and what is not, they will leave you alone. Failure to do this will only get your phone number passed around to more collection agencies. You generally have to notify them with a return receipt form letter to stop calling you and provide written confirmation that the debt is yours. Portfolio doesn't obey either. Then the fun begins because you can sue for $1000 per phone call.
Sue who? With what? They have tons of lawyers. It's their business to be shitheads who get away with this. As I said, I expect someone to killdozer their building eventually. FDCPA violations run $1,000 for the individual and $10,000 for the business i believe, but those are fines if I'm not mistaken not set bounties or something. |
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An almost 20 year friend of mine and coworker got a call yesterday from a collection agency looking to collect on 25k in credit card debt by a former employer. I expect to get a call since I had a company card also. I quit in January of 2013 and he quit 3 or 4 months later. Neither of us quit on bad terms, but my quitting lead to my friend's exodus since I was the senior guy and no one else there could shoulder my responsibilities and handle projects from stem to stern like I did. Is there any general timeline for a debt to be turned over to a collection agency? My curiosity is piqued. Now before things get all GD up in here, we were issued the cards and never filled out credit apps. The company CC policy we signed stated that we were users and not entitled to any benefits or liable for any charges for approved company business. I'm not worried about them coming after either of us for anything and I'd be glad to take it to court and let collection agency cut me check for the hassle. My friend is worry wart and spent the better part of yesterday spun up about it until he started researching and even now he's still mildly torqued up about it. ETA: We weren't reimbursed for expenses, other than those on our personal cards, all of our receipts were turned in with expense our reports. We weren't mailed cc bills. Neither one of us ever charged anything personal on our cards. Receipts weren't misplaced or sent to the wrong person at the company. There was one person send receipts to. Neither one of us had a 25k limit on our cards. He maxed at 6k and mine at 10k. He never charged more than a couple of plane tickets, a hotel room and a rental car. Other than some small incidentals of the type you could pick up at an office supply store or hardware store, we couldn't use our cards for anything but travel. You can't work in our industry with pending legal actions or credit problems. Both of us are still working and just worked together last week and are flying out to a job next week. The agency called looking for the owner of the company. Confused on what the problem is. Last line states that they were looking for the owner of the company. If someone owes me $25k, I look for them too. Did they tell your friend he was responsible for the debt of ya'lls former employer? |
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Most debt collectors are ex-cons or type a personalities that don't play well with others. They are mostly bullies who push because they can. They get off on making you uncomfortable. Most of the time the person stating that they are ant
Attorney are not attorneys. The hope of the collections agent is that you say hey I've got $10k to settle. They genuinely don't give a fuck about who owes the debt, they just want to get paid. Tell them to never call you again and that you will follow up the call with a written request. |
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If it's Portfolio Recovery, don't expect them to obey any laws at all, and expect them to bother you for debts you are not responsible for, even debts by someone with a name similar to yours. I expect them to get killdozered one of these days. It wasn't Portfolio, it was two initials and they were out of AZ. TC maybe. My buddy has a very common name. There isn't another person in the US and quite possibly the world with my name. I've looked several times since the advent of the innerweb. I'm related to everyone in the US with my same last name. All 14 of us. |
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Confused on what the problem is. Last line states that they were looking for the owner of the company. If someone owes me $25k, I look for them too. Did they tell your friend he was responsible for the debt of ya'lls former employer? Quoted:
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An almost 20 year friend of mine and coworker got a call yesterday from a collection agency looking to collect on 25k in credit card debt by a former employer. I expect to get a call since I had a company card also. I quit in January of 2013 and he quit 3 or 4 months later. Neither of us quit on bad terms, but my quitting lead to my friend's exodus since I was the senior guy and no one else there could shoulder my responsibilities and handle projects from stem to stern like I did. Is there any general timeline for a debt to be turned over to a collection agency? My curiosity is piqued. Now before things get all GD up in here, we were issued the cards and never filled out credit apps. The company CC policy we signed stated that we were users and not entitled to any benefits or liable for any charges for approved company business. I'm not worried about them coming after either of us for anything and I'd be glad to take it to court and let collection agency cut me check for the hassle. My friend is worry wart and spent the better part of yesterday spun up about it until he started researching and even now he's still mildly torqued up about it. ETA: We weren't reimbursed for expenses, other than those on our personal cards, all of our receipts were turned in with expense our reports. We weren't mailed cc bills. Neither one of us ever charged anything personal on our cards. Receipts weren't misplaced or sent to the wrong person at the company. There was one person send receipts to. Neither one of us had a 25k limit on our cards. He maxed at 6k and mine at 10k. He never charged more than a couple of plane tickets, a hotel room and a rental car. Other than some small incidentals of the type you could pick up at an office supply store or hardware store, we couldn't use our cards for anything but travel. You can't work in our industry with pending legal actions or credit problems. Both of us are still working and just worked together last week and are flying out to a job next week. The agency called looking for the owner of the company. Confused on what the problem is. Last line states that they were looking for the owner of the company. If someone owes me $25k, I look for them too. Did they tell your friend he was responsible for the debt of ya'lls former employer? I added all that because GD is gonna GD. There's no confusion on my part. I wondered how long it typically took for a credit card company to hand over a debt to a collection agency. It's right there in the middle of my post. No. The chick on the phone made no attempt to push responsibility for the debt onto my friend. |
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not gonna read all that shit. here's how it works ring ring me: hello asshole debt collector: is this mr obo2? me: who's calling? asshole debt collector: this is an asshole debt collector me: you have the wrong number go fuck yourself *click* If would've read all that shit, you would realize that your post has absolutely nothing to do with the question I asked and you could've saved yourself from typing that failed attempt at the English language. |
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not gonna read all that shit. here's how it works ring ring me: hello asshole debt collector: is this mr obo2? me: who's calling? asshole debt collector: this is an asshole debt collector me: you have the wrong number go fuck yourself *click* Well if you're going to skip over the good info and go straight to the "macho male" answer I will gladly show you how it typically ends... ring ring me: hello asshole debt collector: is this mr obo2? me: who's calling? asshole debt collector: this is an asshole debt collector me: you have the wrong number go fuck yourself *click* 6pm at dinner: Ring ring... 7pm when you are comfortably in your chair: Ring ring 8pm: Ring ring 8:15pm: Ring ring 8:17pm: Ring ring 9pm: while you are getting ready for bed: Ring ring 9:30pm: Ring ring Then I will let you think it has stopped so you can get some sleep.... Hahahaha.. 12:15am: Ring (just once to fuck with you) 12:59am: Ring ring ring ring ring 3:18am: RING RING RING RING 4:43am: RING RING RING RING RING And this will continue for days because the company runs three shifts and NEVER sleeps. |
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It wasn't Portfolio, it was two initials and they were out of AZ. TC maybe. My buddy has a very common name. There isn't another person in the US and quite possibly the world with my name. I've looked several times since the advent of the innerweb. I'm related to everyone in the US with my same last name. All 14 of us. Quoted:
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If it's Portfolio Recovery, don't expect them to obey any laws at all, and expect them to bother you for debts you are not responsible for, even debts by someone with a name similar to yours. I expect them to get killdozered one of these days. It wasn't Portfolio, it was two initials and they were out of AZ. TC maybe. My buddy has a very common name. There isn't another person in the US and quite possibly the world with my name. I've looked several times since the advent of the innerweb. I'm related to everyone in the US with my same last name. All 14 of us. Probably skiptracing cardholder names. We close business accounts and push them to our collection area after 90 days I believe. |